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SA and NSW sign resource agreement

The South Australian and New South Wales governments have signed a deal to maximise development of mineral resources near their shared border.

SA Resources and Energy Minister Tom Koutsantonis and NSW Resources and Energy Minister Chris Hartcher have signed a memorandum of understanding in Broken Hill to guide areas of responsibility for joint cooperation.

The agreement will focus on creating joint programs to promote exploration and investment in the geology and mineral systems of the border region.

Mr Hartcher said the NSW and SA governments shared significant strengths in the resources sector that could be used more strategically to attract investment.

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"This collaboration should also assist in raising the profile of the uranium and base-metal rich Curnamona Province as a destination for resource-related investment," he said in a statement on Thursday.

"These initiatives should also provide a foundation for seeking federal and other funding opportunities for combined strategic infrastructure investment."

Mr Koutsantonis said there was potential to create jobs and investment in the cross-border region.

"There are many resource companies in this area looking for investment to not only develop the mineral resources but also for infrastructure to provide a pathway to market," he said.